,,ii  #aac? ,,congress  #b;d ,session   
,s4 #bbdd  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,april #aj1 #bjad,mr4  
,s*um] 7= himself1 ,mr4 ,kirk1 ,mr4     
,re$1 ,mr4 ,hell]1 ,mr4 ,murphy1 ,mr4   
,johanns1 ,mr4 ,w>n]1 ,mr4 ,blunt1 &    
,mr4 ,m55dez7 introduc$ ! foll[+ bill2  
:i* 0 read twice & ref]r$ to !          
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs  ,a ,,bill  ,to ext5d !        
t]m9ation date ( ! ,t]rorism ,insurance 
,program e/abli%$ "u ! ,t]rorism ,risk  
,insurance ,act ( #bjjb1 & = o!r        
purposes4  #a4 ,%ort ,title ,?is ,act   
may be cit$ z ! ,t]rorism ,risk         
,insurance ,program ,reau?orization ,act
 ( #bjad4  #b4 ,ext5sion ( ,t]rorism    
,insurance ,program ,section #ajh7;a7 ( 
! ,t]rorism ,risk ,insurance ,act (     
#bjjb 7#ae ,u4,s4,c4 #fgja note7 is     
am5d$ by /rik+ ,decemb] #ca1 #bjad &    
ins]t+ ,decemb] #ca1 #bjba4  #c4 ,f$]al 
%>e ,section #ajc7;e77#a77;,a7 ( !      
,t]rorism ,risk ,insurance ,act ( #bjjb 
7#ae ,u4,s4,c4 #fgja note7 is am5d$ by  

ins]t+ & beg9n+ 9 ! cal5d> ye> t foll[s 
! date ( enactm5t ( ! ,t]rorism ,risk   
,insurance ,program ,reau?orization ,act
 ( #bjad %all decrease by #a p]c5t p]   
cal5d> ye> until equal to #hj p]c5t aft]
 #he p]c5t4  #d4 ,rec\pm5t ( ,f$]al %>e 
( comp5sation "u ! program ,section     
#ajc7;e7 ( ! ,t]rorism ,risk ,insurance 
,act ( #bjjb 7#ae ,u4,s4,c4 #fgja note7 
is am5d$-- 7#a7 9 p>agraph 7#f71 9 !    
matt] prec$+ subp>agraph 7,a71 by /rik+ 
%all be & all t foll[s ?r\gh subp>agraph
 7,e7 & ins]t+ %all be #bg1ejj1jjj1jjj &
 beg9n+ 9 ! cal5d> ye> t foll[s ! date (
 enactm5t ( ! ,t]rorism ,risk ,insurance
 ,program ,reau?orization ,act ( #bjad  
%all increase by #b1jjj1jjj1jjj p]      
cal5d> ye> until equal to               
#cg1ejj1jjj1jjj42 &  7#b7 9 p>agraph    
7#g7-- 7,a7 9 subp>agraph 7,a7-- 7i7 9 !
 matt] prec$+ clause 7i71 by /rik+ = ea*
 ( ! p]iods ref]r$ to 9 subp>agraphs    
7,a7 ?r\gh 7,e7 ( p>agraph #f2 &  7ii7 9
 clause 7i71 by /rik+ = su* p]iod2  7,b7
 9 subp>agraph 7,b7-- 7i7 by /rik+ = any

 p]iod ref]r$ to 9 any ( subp>agraphs   
7,a7 ?r\gh 7,e7 ( p>agraph 7#f72 &  7ii7
 by /rik+ = su* p]iod2  7,c7 9          
subp>agraph 7,c71 by /rik+ occurr+ dur+ 
any ( ! p]iods ref]r$ to 9 any (        
subp>agraphs 7,a7 ?r\gh 7,e7 ( p>agraph 
7#f72 &  7,d7 9 subp>agraph 7,e77i7--   
7i7 9 subclause 7,i7-- 7,i7 by /rik+    
#bjaj & ins]t+ #bjag2 &  7,,ii7 by /rik+
 #bjab & ins]t+ #bjai2  7ii7 9 subclause
 7,,ii7-- 7,i7 by /rik+ #bjaa & ins]t+  
#bjah2  7,,ii7 by /rik+ #bjab & ins]t+  
#bjai2 &  7,,iii7 by /rik+ #bjag &      
ins]t+ #bjbd2 &  7iii7 9 subclause      
7,,iii7-- 7,i7 by /rik+ #bjab & ins]t+  
#bjai2 &  7,,ii7 by /rik+ #bjag & ins]t+
 #bjbd4  #e4 ,te*nical am5dm5ts ,!      
,t]rorism ,risk ,insurance ,act ( #bjjb 
7#ae ,u4,s4,c4 #fgja note7 is am5d$--   
7#a7 9 section #ajb-- 7,a7 9 p>agraph   
7#g7-- 7i7 by /rik+ subp>agraphs 7,a7   
?r\gh 7,f7 & ins]t+ ! foll[+3  7,a7 !   
value ( an insur]'s direct e>n$ premiums
 dur+ ! imm$iately prec$+ cal5d> ye>1   
multipli$ by #bj p]c5t2 &  2  7ii7 by   

r$esignat+ subp>agraph 7,g7 z           
subp>agraph 7,b72 &  7iii7 9 subp>agraph
 7,b71 z s r$esignat$ by clause 7ii7--  
7,i7 by /rik+ not)/&+ subp>agraphs 7,a7 
?r\gh 7,f71 = ! ,transition ,p]iod or   
any ,program ,ye> & ins]t+ not)/&+      
subp>agraph 7,a71 = any cal5d> ye>2 &   
7,,ii7 by /rik+ ,p]iod or ,program ,ye> 
& ins]t+ cal5d> ye>2  7,b7 by /rik+     
p>agraph 7#aa72 &  7,c7 by r$esignat+   
p>agraphs 7#ab7 ?r\gh 7#af7 z p>agraphs 
7#aa7 ?r\gh 7#ae71 respectively2 &  7#b7
 9 section #ajc-- 7,a7 9 subsection 7c71
 by /rik+ ,program ,ye> & ins]t+ cal5d> 
ye>2  7,b7 9 subsection 7e7-- 7i7 9     
p>agraph 7#a7-- 7,i7 9 subp>agraph 7,a71
 z previ\sly am5d$ by section #c-- 7aa7 
by /rik+ ! ,transition ,p]iod & ea*     
,program ,ye> ?r\gh ,program ,ye> #d    
%all be equal to #ij p]c5t1 & dur+      
,program ,ye> #e & ea* ,program ,ye>    
!reaft] & ins]t+ ea* cal5d> ye>2  7bb7  
by /rik+ ! comma aft] #hj p]c5t2 &  7cc7
 by /rik+ su* ,transition ,p]iod or su* 
,program ,ye> & ins]t+ su* cal5d> ye>2 &

  7,,ii7 9 subp>agraph 7,b71 by /rik+   
exce$ & all t foll[s ?r\gh clause 7ii7 &
 ins]t+ exce$ #ajj1jjj1jjj ) respect to 
su* insur$ losses occurr+ 9 ! cal5d>    
ye>42  7ii7 9 p>agraph 7#b77;,a71 by    
/rik+ ! p]iod beg9n+ on ! fir/ day ( !  
,transition ,p]iod & end+ on ! la/ day (
 ,program ,ye> #a1 or dur+ any ,program 
,ye> !reaft] & ins]t+ a cal5d> ye>2 &   
7iii7 9 p>agraph 7#c71 by /rik+ ! p]iod 
beg9n+ on ! fir/ day ( ! ,transition    
,p]iod & end+ on ! la/ day ( ,program   
,ye> #a1 or dur+ any o!r ,program ,ye> &
 ins]t+ any cal5d> ye>2 &  7,c7 9       
subsection 7g77#b7-- 7i7 by /rik+ !     
,transition ,p]iod or a ,program ,ye>   
ea* place t t]m appe>s & ins]t+ ! cal5d>
 ye>2  7ii7 by /rik+ su* p]iod & ins]t+ 
! cal5d> ye>2 &  7iii7 by /rik+ t p]iod 
& ins]t+ ! cal5d> ye>4